Скачать или смотреть 3 Signs You Have Inventory Management Problems - Take the Test

Do you have Inventory Management problems? Many organisation still seem to. Both large and small.
Here's a simple Self Audit to check if you might have Inventory Management Problems: The Audit Link: https://logisticsbureau.org/zct3uvg0V...

These videos are brought to you by Rob O'Byrne CEO of Logistics Bureau. Management Consultants, who reduce costs and improve service for organisations Worldwide.

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TIMESTAMPS (in case you want to skip) 👇

0:00 Intro
0:39 Very Long Tail of Inventory
1:51 Lack of Stocking Strategy
2:38 Who is Responsible for Slobex?
3:20 Poor MOQ Understanding
4:05 Self-check Audit
4:37 Outro

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*4 Clear Signs You Have Inventory Management Issues – And How to Fix Them!*

Inventory management problems are more common than you’d think, and lately, I’ve been seeing some extreme cases. So, let’s dive into four obvious signs that your inventory is out of control—and what you can do about it!

*1. A Long Tail of Inventory*
If your sales distribution follows a steep curve—where 90%+ of your sales come from just 10% (or fewer) of your SKUs—you’ve got a problem. Your product range is likely too large, leading to stockouts on high-demand items and overstocks on slow movers. Ideally, you want a balanced inventory that aligns with demand rather than carrying excessive dead stock.

*2. No Stocking Strategy*
Too many businesses take a one-size-fits-all approach to ordering. They blindly follow supplier minimum order quantities (MOQs) or stick to fixed purchasing schedules without considering SKU characteristics. The result? Overstock on low-demand items and frequent shortages on high-demand ones. Instead, your stocking and replenishment strategy should be dynamic, adapting to sales patterns and product demand.

*3. No Accountability for Slow & Obsolete Stock*
Who’s responsible for excess inventory in your business? Logistics? Procurement? Inventory management? What about sales? Sales teams should play a key role in forecasting, but if they’re not involved—or not held accountable—then you’re likely carrying excess stock that won’t move. If no one is taking ownership of obsolete inventory, it’s time to reassess your internal processes.

*4. Poor MOQ Understanding*
Minimum order quantities can be a trap. Businesses often buy more than they need just to get a lower unit price, only to end up sitting on stock for months—or even years! Instead, consider the total cost of ownership. Sometimes, paying a slightly higher unit price for smaller, more frequent purchases is the smarter move, ensuring better cash flow and inventory turnover.

*Do You Have an Inventory Problem?*
Want to check if your inventory is in good shape? I’ve got a *quick self-audit* that takes just **two minutes**—link is up in the video! It’ll help you spot red flags and identify areas for improvement. Also, check the description below for other inventory management videos.

The Audit Link: https://inventorysurvey.scoreapp.com/